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Home values, rents and more in Carrabelle, FL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$300,000
Florida: $375,000 · U.S.: $366,000
Home values, past year
−2.8%
Florida: −0.9% · U.S.: +1.2%
Population
2,438
ACS 2020–24
Median household income
$49,792
Florida: $74,568 · U.S.: $80,734
ZIP codes around Carrabelle, FL, shaded by typical home valueCarrabelle
  • Under $250k
  • $250k–$260k
  • $260k–$270k
  • $270k–$280k
  • $280k+
  • No data
ZIP codes around Carrabelle, FL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Carrabelle is outlined.

How Carrabelle compares

The typical home in Carrabelle, FL is worth about $300,000, according to the Zillow Home Value Index for September 2026. Home values in Carrabelle are 20% below the typical value in Florida ($375,000) and 18% below the U.S. typical value ($366,000).

Over the past year, home values in Carrabelle fell 2.8%, compared with −0.9% in Florida and +1.2% nationally.

The median household income is $49,792, against $74,568 in Florida and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,438 people live in Carrabelle (American Community Survey 2020–24).

Carrabelle has the 176th-lowest typical home value of the 496 cities in Florida with Zillow figures.

Part of: Franklin County, FL · Florida

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Carrabelle, FL

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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